OPEN-SOURCE SCRIPT

Recent Swing High/Low Lines With Stats Table

116
Swing-Based Volatility

This indicator measures volatility using the distance between recent swing highs and swing lows rather than fixed averages like ATR. Each swing captures a meaningful shift in market control, making this a structure-aware view of volatility.

The tool calculates and plots the average swing range over time, highlighting when the market is expanding (wide swings, high volatility) or contracting (tight swings, low volatility). These phases can help traders identify breakout potential, adjust stop-loss or profit targets, and align position sizing with current market conditions.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。